Just a quick update on support levels.
Until we hear otherwise from the fed we may see a very choppy market. Don’t let the chop fake you out. We need successive closes above or below key levels with good volume to determine direction.
And of course there will be debates to confuse investors as to the direction of markets.
At any rate, pay attention to key support levels on the S&P: 1,401, 1,393, 1,372, 1,343, 1,311, & 1,291.
I’m still bullish for now and will wait to see if we have more failed rallies or aggressive and progressive sell offs.
GLT
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